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NEW TECH: This free tool can help gauge, manage third-party cyber risk; it’s called ‘VRMMM’

The Last Watchdog

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

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How generative AI delivers value to insurance companies and their customers

IBM Big Data Hub

Insurers struggle to manage profitability while trying to grow their businesses and retain clients. Large, well-established insurance companies have a reputation of being very conservative in their decision making, and they have been slow to adopt new technologies.

Insurance 105
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Regulatory Update: NAIC Summer 2019 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2019 National Meeting (Summer Meeting) in New York City from August 3 to 6, 2019. The amended regulation took effect on August 1, 2019, for annuity products and will become effective on February 1, 2020, for life insurance products.

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Survey Says…Cybersecurity Remains A Critical Challenge For Business

Privacy and Cybersecurity Law

On March 14, 2018, IBM Security announced the results of a new global study on organizational cybersecurity readiness and resiliency entitled “The 2018 Cyber Resilient Organization.” These low results for cyber preparedness and resiliency present a significant risk for business.

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Is Your Customer Experience Future-Ready?

Reltio

Modern enterprise-wide customer data platforms with Customer 360 present a real-time single customer view to all the business teams to ensure consistent omnichannel customer experience. Customer-first mindset needs customer-first organizational infrastructure to deliver the best experience at every stage of the customer journey.

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CyberheistNews Vol 13 #22 [Eye on Fraud] A Closer Look at the Massive 72% Spike in Financial Phishing Attacks

KnowBe4

That's right – the financial services industry, at least according to cybersecurity vendor Armorblox's 2023 Email Security Threat Report. According to the report, the financial services industry as a target has increased by 72% over 2022 and was the single largest target of financial fraud attacks, representing 49% of all such attacks.

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Ephesoft Launches Context Driven Productivity at Enterprise Productivity Summit

Info Source

It ultimately presents this data and their relationships in enterprise knowledge graphs to fuel process automation and decision-making. solutions include mortgage origination, healthcare patient records, employee onboarding, tax form and insurance claims processing.